ANZ kicks off bank reporting
ANZ +1.3%: Quarterly trading update today for ANZ so light on detail, however their earnings were a slight beat to expectations driven largely by solid trading revenue and another period of low bad debts.

ANZ +1.3%: Quarterly trading update today for ANZ so light on detail, however their earnings were a slight beat to expectations driven largely by solid trading revenue and another period of low bad debts.
The bank in the spotlight is clearly ANZ which recommences trading on Thursday and while we’re confident it will have no issues raising the $3.5bn under $19 the big question is where will the stock re-open, anything under $20 looks attractive and especially sub $19.50.
ANZ -1.92%: the second bank out with a trading update, ANZ disappointed on most fronts, weighing on the financials sector.
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